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H-P Blames $8.8 Billion Charge on Bad Deal — Hewlett-Packard Co. HPQ -11.95% surprised investors Tuesday when it claimed it had been duped into overpaying for one of its largest acquisitions, a U.K. software maker, that will result in an $8.8 billion charge.

Hewlett-Packard's Explanation Just Makes No Sense — Here's the problem with Hewlett- Packard Co.'s explanation today for why it took an $8.8 billion writedown related to its purchase of Autonomy Corp.: The numbers don't make sense. — HP said “more than $5 billion” of the writedown …

HP requests fraud investigation into Autonomy claims — Updated: Hewlett Packard CEO Meg Whitman said “outright misrepresentations” about the state of Autonomy's financial health led to HP overpaying for that company last year and Whitman is recommending civil and criminal investigations into that issue.

U.S. Kids Continue to Look Forward to “iHoliday” — When it comes to devices, kids' holiday wish lists are simple this year. The most-wanted gifts are predominantly from one company—Apple. According to a recent Nielsen study, Apple's popularity leading up to the holiday season continues …

Reed Hastings on Microsoft: Watch Windows 8, Not Surface — After more than five years on Microsoft's board of directors, Reed Hastings is stepping down at the end of the month. And if you think the Netflix CEO is going to give you insider dish on what's been going on at Redmond, you're going to be disappointed.

Ray of Hope? Carriers Seem to Like BlackBerry 10. — The tide of negative sentiment that dragged shares of Research In Motion deep into the mud and kept them there for well over a year is letting up ahead of the launch of the company's new BlackBerry 10 operating system. Why?